Question

manish bought an article and sold it at 4/5 times its price. find the profit% or loss%​

Answer 1

Answer:

to find out profit and loss percentage

Explanation:

Let S.P.=1

C.P.=54×1=54

Formula for finding the gain % is given below,

∴ Gain = Selling Price - Cost Price

i.e. Gain =S.P−C.P.

=1−54=55−4=51

Gain %=C.P.Gain×100=5451×100=51×45×100=25%

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